@belly_pork27554 hey friend, ty appreciate it. I am well and still in all positions. Just got super tied up at work and been watching, will try to get one out soon!
So $STRC fluctuates between the 2% that we been seeing for weeks/months now and you have full on posting of what happens if it โnever goes back to $100โ bear posting dressed up as question.
This is why you invest for the long term and not day trade because guys like this will constantly post 55,000 signals daily for attention and clickbait.
I have a serious question.
What happens if STRC doesn't go back to $100?
The way I see it is a follows:
- Holders of STRC receive the dividend regardless of the price.
- If STRC doesn't go back to $100m then Saylor can't sell more to buy BTC.
- That is bad for BTC because the market will realize that the biggest buyer can't raise cash.
-If STRC has one or 2 months where it doesn't hit $100 the market realizes that its not actually worth $100, it could be worth $70, $50, who knows...
- As soon as that happen we get a death spiral of sorts where Saylor has to keep raising the yield to try get it back to $100.
The only problem is that the more he raises the yield , the more BTC he may need to sell...
What am I missing?
Serious comments only please.
@itamar4127 Still here friend, not gone anywhere. Unfortunately, just got super tied up with some stuff at work lately...still watching markets closely. ๐
For those interested in understanding the benefits and risks with $STRC and $MSTR
Check out my take on @saylor@phongle@Strategy $8.5B perpetual preferred that is changing the financial industry (link below)
@LazyProgramer@F1shEnChips Yes last time rolled down to $60-$70 was not bad entry either. Long term I think this will value play. Will continue to watch and wait for solid entry spot.
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@F1shEnChips With the way stablecoin market is growing and will continue for the next decade definitely in a good position. Most people misunderstand their business, you are correct if rates rise CRCL still a winner while the rest take a seat.